The vessels were originally constructed for Arctic LNG-2 but were blocked by sanctions. The European Union lifted restrictions on the Arc4 vessels after receiving assurances they would not be utilized for Russian loads, though the sanctions status for the 6 new-build Arc7 tankers remains unchanged.
Tuesday, October 20, 2026
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Novatek Acquires at Least 2 Ice Class Gas Carriers for Arctic LNG
Commodities6 days ago
The Russian energy firm has expanded its transport capacity in the Far North by obtaining vessels specialized for polar navigation to facilitate liquefied natural gas (LNG) shipments. Shipping data shows that Novatek acquired at least 2 ice-class gas carriers, which an industry expert says likely includes all 4 of the Arc4 LNG tankers. This follows reports from June indicating the company was negotiating to purchase 10 total tankers, consisting of 4 Arc4s and 6 Arc7s, to support the Yamal LNG and Arctic LNG-2 projects.
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